Housing Price Index (HPI)-All India (base 2010-11=100) increased to 221.7 in third quarter of the last fiscal from 218.2 in the previous three-month period.
“On an annual basis, in Q3:2015-16, Lucknow witnessed the highest increase of 16.1 per cent while HPI declined in Jaipur (Y-o-Y change of -5.2 per cent),” said the quarterly HPI of the Reserve Bank.
“The annual increase of HPI-All India moderated since Q1:2015-16. During Q3:2015-16, the rate of increase fell below 10 per cent,” the RBI said.
The previous low was in Q3:2013-14 when the rate of increase was 10.1 per cent.
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